Bitcoin mining set to power Ethiopia’s energy expansion
Ethiopia just inaugurated Africa’s largest dam, doubling power output — but still lacks the funds to deliver universal electricity access.
Bitcoin
South Africa’s Altvest to raise $210 million for Bitcoin treasury reserve
The Johannesburg-based firm will rename itself Africa Bitcoin Corp. and hold the cryptocurrency on its balance sheet.
Ethiopia halts new crypto mining permits as power capacity reaches limit
This comes after the East African nation generated $55 million from Bitcoin mining over a 10-month period in 2024, primarily through agreements with 25 mining companies.
Btrust grants $1M to ten Bitcoin-focused events and developer education programs
The Jack Dorsey-founded nonprofit awarded these grants to four African Bitcoin events and conferences of the ten beneficiaries.
Ethiopia Earns $55 Million from Bitcoin Mining Deals in 10 months
The East African country wants to position itself as a global bitcoin mining hub with hundreds more megawatts of power to be made available for bitcoin miners in the country.
Power play: Bitcoin miners flock to Ethiopia for low-cost electricity
The East African country hopes to earn much-needed foreign exchange by providing electricity to these mining companies.
Btrust Builders kicks off inaugural fellowship for Bitcoin developers in Africa
The fellowship, Btrust Builder’s first since it acquired Qala, is expected to train African software developers on Bitcoin open-source development.